GoldGuard Pro

This Expert Advisor (EA) for the XAU/USD pair on the 30-minute timeframe has a set of parameters (inputs) that allow the user to customize the trading strategy. The initial values for these inputs are the ones used for testing and are considered effective.

*You can find these recommended settings in the screenshots section.*

**Moreover, this EA is flexible enough to work on other currency pairs by adjusting the settings according to the specific pair’s characteristics. **

*** Τhe price of this EA will increase by $20 with each new purchase, making early access a great opportunity! ***

Here's a detailed breakdown of the inputs:

1. LotCalculator

• Value: true
• Description: If enabled ( true ), the system will dynamically calculate the lot size based on the account balance. If set to false , the lot size is not calculated dynamically.

2. balanceToCalculateLotSize

• Value: 100
• Description: The minimum balance required to start calculating the lot size based on the lotPerBalance . For balances smaller than this value, a fixed lot size is used.

3. lotPerBalance

• Value: 0.01
• Description: For every 1000 USD of balance, the system calculates the lot size as 0.01 lot. If the account has 1000 USD, the lot size will be 0.01.

4. tpPoints

• Value: 800
• Description: The number of points (pips) for the take profit (TP). The strategy places the TP at a fixed number of pips above (for buy trades) or below (for sell trades) the entry price.

5. slPoints

• Value: 1500
• Description: The number of points (pips) for the stop loss (SL). If the price moves against the position, the EA places the SL based on this value.

6. trailingStop

• Value: false
• Description: If set to true , the EA activates trailing stop functionality, allowing the stop loss to automatically adjust as the price moves in favor of the position.

7. pointsToChangeStopLoss

• Value: 300
• Description: The number of points (pips) the price must move in favor of the position before the trailing stop is adjusted. If the price moves at least 600 pips in the direction of the position, the stop loss will be moved.

8. newStopLossPoints

• Value: 100
• Description: The number of points (pips) for the new stop loss once the trailing stop is activated.

9. RecoveryMode

• Value: false
• Description: Activates the Recovery Mode. When set to true , the EA starts doubling the position size after a series of losing trades, aiming to recover losses.

10. lotFactor

• Value: 2
• Description: The factor used to double the lot size when the RecoveryMode is enabled.

11. lossesToStartDoubleLotsize

• Value: 1
• Description: The number of consecutive losing trades before the EA starts doubling the position size.

12. lossesToStopDoubleLotsize

• Value: 6
• Description: The number of consecutive losing trades after which the EA stops doubling the position size and returns to the normal position size.

Important Notes:

• The initial values for these parameters have been tested and proven effective for the XAU/USD pair on the 30-minute timeframe.
• The parameters LotCalculator, RecoveryMode, trailingStop, and the TP/SL values control how the EA manages trades and adjusts position sizes according to market movements.

This strategy is based on the analysis of Moving Averages, RSI, Support/Resistance, and other technical indicators to make trading decisions. At the same time, it offers loss recovery features and trailing stop functionality to maximize profitability and protect capital.

This setup ensures that the EA adapts to market conditions and can handle a variety of trading scenarios, from normal trades to loss recovery strategies.